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Mumbai — Indian stock markets rebounded sharply on Friday, ending a two-session losing streak as strong buying in information technology stocks, broad-based gains across sectors and lower global oil prices …
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
Indian equities rebounded sharply on Friday, led by IT buying and bargain hunting after Thursday's sell-off. The recovery eased immediate pressure, but crude prices, FII outflows and a weak rupee remain in focus.